HKG:2677 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	958.58	690.44	473.18
Revenue Growth (YoY)	38.84%	45.91%	-
Cost of Revenue	732.58	556.93	429.2
Gross Profit	226	133.5	43.98
Selling, General & Admin	280.41	200.07	196.26
Other Operating Expenses	-1.63	-1.62	-1.51
Operating Expenses	279.93	198.75	194.8
Operating Income	-53.93	-65.25	-150.82
Interest Expense	-16.64	-16.04	-15.54
Interest & Investment Income	8.62	10.15	1.17
Earnings From Equity Investments	-0.14	-	-
Currency Exchange Gain (Loss)	5.23	-2.95	2.35
Other Non Operating Income (Expenses)	-0.13	0.08	-0.05
EBT Excluding Unusual Items	-56.99	-74.02	-162.89
Gain (Loss) on Sale of Investments	8.68	7.17	9.36
Gain (Loss) on Sale of Assets	-3.24	-1.03	-1.83
Other Unusual Items	131.31	-294.32	-83.97
Pretax Income	79.74	-362.19	-239.33
Income Tax Expense	-0.48	-8.95	-17.81
Earnings From Continuing Operations	80.23	-353.25	-221.52
Minority Interest in Earnings	3.58	2.58	6.03
Net Income	83.81	-350.67	-215.5
Net Income to Common	83.81	-350.67	-215.5
Shares Outstanding (Basic)	14	14	14
Shares Outstanding (Diluted)	54	14	14
Shares Change (YoY)	288.49%	-	-
EPS (Basic)	6.01	-25.14	-15.45
EPS (Diluted)	-0.83	-25.14	-15.45
Free Cash Flow	113.37	57.4	-79.9
Free Cash Flow Per Share	2.09	4.12	-5.73
Gross Margin	23.58%	19.34%	9.29%
Operating Margin	-5.63%	-9.45%	-31.87%
Profit Margin	8.74%	-50.79%	-45.54%
Free Cash Flow Margin	11.83%	8.31%	-16.89%
EBITDA	5.87	-9.31	-105.55
EBITDA Margin	0.61%	-1.35%	-22.31%
D&A For EBITDA	59.79	55.94	45.27
EBIT	-53.93	-65.25	-150.82
EBIT Margin	-5.63%	-9.45%	-31.87%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.